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US Treasury yields have jumped in the past week
Kevin Warsh's speech at Jackson Hole has pushed up borrowing costs for dollar issuers
◆ Three year creates another point on curve ◆ €750m was target, Leumi’s deputy CEO said ◆ Strong market reopening after summer lull gave confidence
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Majid Al Futtaim has picked banks for its first ever green bond, going on the road to promote its new green finance framework to investors.
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FirstRand Bank has transferred outstanding dollar debt from one of its syndicated loans to Rand Merchant Bank International. The amendment comes amid an anticipated increase in loan activity from South African banks, which bankers are keeping a close eye on.
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Philippine oil company Petron has received a strong response for its return to the offshore loan market, increasing the size of its deal to $800m.
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Indonesian palm oil producer Perkebunan Nusantara III has launched its debut offshore borrowing into general syndication.
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Brazilian meatpacker Marfrig will meet US bond investors next week as it looks to take condition of plentiful demand for assets to finance a buy-back of existing bonds.
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Huatai Securities has taken a further step to selling shares in an indirect subsidiary, AssetMark Financial Holdings, after filing initial paperwork for the US listing.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa